NETSOL extends 29-year alliance with global auto giant
MG News | December 17, 2025 at 04:39 PM GMT+05:00
December 17, 2025 (MLN): NETSOL Technologies Limited
(PSX: NETSOL) has signed a contract extension worth approximately $50 million
with a tier-one global auto captive.
The deal further strengthens a partnership between the two
sides that dates back nearly three decades.
In a notice issued to the Pakistan Stock Exchange, the
company said the agreement extends the customer’s use of its flagship Transcend
Finance platform for a further four years, covering maintenance and licensing
services.
The customer, described as a long-standing global auto
captive, has been working with NETSOL since 1996.
The latest extension builds on a previously announced
multi-country contract exceeding $100 million, signed in 2015, under which
NETSOL successfully deployed its platform across 12 international markets.
With the renewed agreement, the customer will continue to
leverage Transcend Finance’s end-to-end lease and loan lifecycle management
capabilities.
The contract extension indicates NETSOL’s strong foothold in
the global automotive finance software market.
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